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A firm in a perfectly competitive industry will produce more output as long as: marginal revenue is less than marginal cost. marginal cost is less
A firm in a perfectly competitive industry will produce more output as long as: marginal revenue is less than marginal cost. marginal cost is less than marginal revenue. marginal cost is equal to the marginal revenue. marginal revenue is equal to the price
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
